LOS ANGELES, CA-The hospitality sector and foreign investors are hot here, says Trevor Michael, managing director of TIAA-CREF. Michael spoke with Carrie Rossenfeld at the recent RealShare Los Angeles conference here. Topics they discussed include:
- How investment activity is expected to remain steady this year
- The difficulty of finding a trade that will bring equal or greater returns than the disposition
- Emerging areas for investment in commercial real estate
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